Bill
Bill > H1418
MA H1418
To study the modernization of retirement systems for future state employees
summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to the feasibility of replacing the defined benefit pension plan for public employees with a defined contribution plan for future employees. Public Service.
AI Summary
This bill establishes a special commission to study the feasibility of replacing the Commonwealth's defined benefit pension plan for public employees with a defined contribution plan for future employees. The commission is tasked with conducting an investigation and submitting a report with its findings, recommendations, and legislative proposals to the governor, legislative leaders, and the chief justice of the state's Supreme Judicial Court within one year of the commission's appointment. The commission will then dissolve upon completion of its duties.
Committee Categories
Labor and Employment
Sponsors (2)
Last Action
Accompanied a study order, see H4654 (on 06/25/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H1418 |
| Bill | https://malegislature.gov/Bills/190/H1418.pdf |
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